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The Latest Breaking News from IRS

How to Open a Custodial Roth IRA: A Guide for Grandparents

Time is a young investor’s greatest asset. Discover how small contributions today can evolve into a tax-free fortune by the time they retire.

Kiplinger · Apr 29

April 30 Deadline: If You Live in One of These 'Late States,' Your Taxes Are Due This Week

Residents in Delaware, Iowa, Virginia, and beyond must file 2025 state income taxes soon or request an extension. Don't miss the due date.

Kiplinger · Apr 28

The Retirement Income Change That Makes Your Tax Refund Disappear — Sometimes Overnight

A small retirement income change can wipe out your tax refund, sometimes overnight. Learn which income sources trigger it and why retirees get caught off guard.

GOBankingRates · Apr 28

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5 Stealth Taxes on Social Security: Why 40% of Retirees Still Owe the IRS

If you thought Social Security was tax-free, you’re not alone—and that’s exactly the problem. Millions of retirees are shocked every year when they discover they...

Saving Advice · Apr 27

New Info on an IRS-Palantir Partnership Draws Critical Questions, but Could It Move the Needle for PLTR Stock?

Is Palantir’s newly revealed partnership with the IRS a powerful growth catalyst, or a rising surveillance risk that could weigh on PLTR stock?

Barchart · Apr 27

Americans Are Getting Bigger Tax Refunds in 2026 — But Almost No One Is Spending Them

In 2026, US tax refunds increased by 11%, yet spending remains cautious. Many Americans are saving or paying down debt, reflecting economic uncertainty and rising costs.

International Business Times UK · Apr 27

Feeling a Tax Bite? Municipal Bonds Could Be More Compelling Than You Think

If you just wrote a check to the IRS, that could be a reminder that today's municipal bond market may offer better after-tax outcomes than you might expect.

Kiplinger · Apr 27

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Your Stock Portfolio Just Got Hammered: Here's a Tax-Smart Way to Recover

If your stock portfolio took a beating this spring, there's a little-known tax strategy that lets you defer — and potentially eliminate — capital gains taxes.

Kiplinger · Apr 27

5 Reasons People Over 50 Are Being Locked Out of Their Online Tax Accounts

If you’ve tried logging into your tax account recently and suddenly found yourself locked out, you’re not alone. Across the country, more taxpayers, especially those...

Saving Advice · Apr 26

DOJ Leverages Trump Assassination Attempt to Demand Lawsuit Dismissal: 'Your Case Puts President Life at Grave Risk'

The Justice Department demands the dismissal of a lawsuit against White House ballroom construction, citing security risks after an attack on President Trump at the Washington Hilton.

International Business Times UK · Apr 26

Trump's $10 Billion IRS Lawsuit Teeters After Judge Flags Glaring Constitutional Problem

President Trump's $10 billion lawsuit against the IRS faces legal challenges due to potential conflicts of interest, as he sues agencies under his own executive authority.

Latin Times · Apr 26

Trump's $10 Billion IRS Lawsuit Teeters After Judge Flags Glaring Constitutional Problem

President Trump's $10 billion lawsuit against the IRS faces legal challenges due to potential conflicts of interest, as he sues agencies under his own executive authority.

International Business Times UK · Apr 25

Trump Ordered to Explain $10B Lawsuit Against His Own Government That Judge Fears Is an Attempt to Secure Fraudulent Payouts

A federal judge questions the legitimacy of Donald Trump's $10 billion lawsuit against the IRS, citing constitutional concerns over a sitting president suing agencies he controls.

International Business Times UK · Apr 25

Why Large Itemized Deductions Can Trigger a 2026 Refund Review

Tax season always brings a mix of anticipation and anxiety, especially when a refund looks bigger than expected. A hefty return can feel like a reward, but it can also raise a red flag if the numbers drift too far from typical patterns. The IRS uses advanced screening tools to…

The Free Financial Advisor · Apr 25

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GOBankingRates · Apr 25

If You Live on Social Security Alone, You May Qualify for These 4 Things

If Social Security is your only income, you may qualify for additional government benefits and assistance programs that could help stretch your monthly budget.

GOBankingRates · Apr 25

This Is the Best Way To Invest for Retirement When You’re Self-Employed, According to This Ramsey Expert

A Ramsey expert explains the smartest way self‑employed workers can invest for retirement and build long‑term wealth without an employer plan.

Budget and the Bees · Apr 24

The 5 Tax Rules Women Over 50 Are Most Likely to Miss

As women move into their 50s and beyond, financial priorities often shift in meaningful ways. Retirement planning becomes more urgent, healthcare costs start to rise, and income streams may change due to career transitions or part-time work. Yet, one area that often gets overlooked during this stage is tax strategy.…

Saving Advice · Apr 24

The New United States Postal Service Change-of-Address Scam Going Viral on Reddit — And How to Avoid It

If you’re moving or updating your address, you’re probably rushing through the process, and that’s exactly what scammers are counting on. A growing number of...

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Saving Advice · Apr 24

The ‘Schedule R’ Trap: Why Your 2026 Senior Tax Credit May Be Missing From Your Refund

If you’re over 65 and filed your taxes expecting a bigger refund, you’re not alone in wondering where the money went. Every year, thousands of...

Kiplinger · Apr 24

Ask the Tax Editor, April 24: How Can I Resolve My IRS Tax Debt?

In this week's Ask the Editor Q&A, Joy Taylor answers questions relating to how individuals can resolve their IRS tax debt.

The Free Financial Advisor · Apr 23

Michigan Pension Withdrawals Are Still Flagged for Federal Review Under IRS Rules

Retirement should be a reward, not a paperwork puzzle—but federal oversight still plays a major role when pension money starts moving. Michigan retirees often assume their pension withdrawals stay simple because of state-level tax advantages, yet the IRS keeps a close eye on these transactions regardless of where you live.…

International Business Times · Apr 23

AI-Driven Crypto Scams Surge As IRS Investigators Warn Of Billion-Dollar Fraud Wave

Authorities say AI-enhanced fraud networks are scaling rapidly, with billions lost annually as scammers refine tactics that are harder than ever to detect or trace.

Everybody Loves Your Money · Apr 23

The 2026 Energy Credit: Homeowners Can Save Up to $3,200 — But Only 12% Apply

Skyrocketing utility bills have pushed energy savings from a “nice-to-have” into a financial survival strategy, and the 2026 energy credit lands right in that sweet spot. This federal incentive offers homeowners a chance to claim up to $3,200 in tax credits for energy-efficient upgrades, yet shockingly few households take advantage…

Kiplinger · Apr 23

Are You 'Broke Planning'? 10 Frugal Habits People Are Using to Save in 2026

From California to New York, a new survey reveals where Americans are cutting costs. Here's how to pivot those "broke behaviors" into strategic tax advantages.

GOBankingRates · Apr 23

I Asked ChatGPT What I Can Do To Reduce Next Year’s Tax Bill — Here’s What It Said

I asked ChatGPT to walk me through the options to reduce my tax bill. It highlighted several overlooked moves that can shape how much taxpayers owe.

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